Next week, Sony will unveil the PlayStation 4, and it's not just Sony that needs it to be a hit. After a soft sales start for Nintendo's Wii U, and Microsoft's risky plan for the Xbox 720, the whole gaming world should be rooting for the PS4.
Nintendo has sold 400,000 Wii U consoles since the system's Nov. 18 launch, plus another 300,000 original Wii units last week. But Microsoft is still the gaming king: Its Xbox 360 outsold both systems combined, moving 750,000 consoles during the Black Friday holiday weekend.
There are plenty of Peyton Manning stocks -- mature companies that investors avoid -- even though they're still strong.
Suddenly, Majesco Entertainment isn't living up to its COOL ticker symbol. Shares of the video game developer and publisher got crushed on Tuesday after it surprised the markets by following its previous three blowout quarters with a loss for Q4.
Consumers can expect a holiday shopping season heavy on promotional offers as stores offer sweet bargains on all manner of products amid a still-sluggish economy -- good news for buyers of tablet computers, smartphones and video games, all predicted to be big gift items this year.
Once upon a time, Nintendo was king of the video game consoles, but that day is long gone. Shares of Nintendo hit a five-year low this summer, wiping away any gains from the Wii era, and it took a steep operating loss to boot last quarter. Here's why there are no bonus lives in its future.
Nintendo is making a major push to clear out its Wii inventory as it gears up to unveil its successor to the gaming system next month. The company will cut prices on the Wii video game console to $149.99 from $199.99, and bundle four of its more popular games as a $19.99 set.
Under pressure to respond to competitors offering souped-up features for their video game systems, Nintendo announced Monday that it will offer a sneak peak of the Wii's successor in June. While consumers may love the shiny new system, the real question is how much it will cost.
Microsoft sold out of its Xbox video-game console in late December thanks to strong holiday-season demand, and may have product shortages in January and February as well, as the company's Kinect motion-sensor device has boosted the popularity of the system, the Seattle Post-Intelligencer reported.
How long can Nintendo Wii maintain its position as the reigning video-game console? Microsoft shipped an astronomical 8 million Kinect game systems in the past two months, undermining Wii's leadership -- already weakened by competition from the Xbox and PlayStation 3.
Video-game publisher THQ, who makes the popular uDraw tablet and fighting game UFC, has signed a deal with Mattel to bring Barbie, Hot Wheels and other brands to gaming consoles. Can it help give the gaming company -- whose stock has soared 47% in less than two months -- increase its revenue?
Stores sold 4% less video-game equipment -- including hardware, software and accessories -- in October compared to a year ago, according to research firm NPD Group. While players are spending more on the games themselves, they aren't shelling out for new consoles: Sales of those systems declined significantly.
By now you probably know that the surprise hit of Apple's latest earnings call was the hockey-puck-size AppleTV device. But an unexpected upside for Apple is that AppleTV could be a backdoor entry into the video-game console market. Here's how that would work.
